On November 19, Miami Partner Ronald Fieldstone will be traveling to St. Louis to serve as an EB-5 expert panelist at the Global Capital for Regional Growth conference sponsored by Gateway EB5 Investment Center, Inc. Mr. Fieldstone will speak on how the EB-5 program works and also on securities compliance and due diligence.
Monthly Archives: November 2013
Ronald Fieldstone to discuss how St. Louis’ EB-5 center can enhance development and real estate opportunities
Chicago Partner Judith Grubner recently served as a panel member in a discussion about the effect of the Cuban Embargo on U.S. trademark law and what might happen if the embargo is lifted. On November 11, the Chicago Daily Law Bulletin published an article regarding the IIT-Kent College of Law Gastro-IP Symposium she participated in. More than 50 law students and local attorneys attended the discussion. The symposium was sponsored by the Kent Intellectual Property Law Society and several other organizations. The moderator was Professor Chris Buccafusco.
To view the article in full, please click here.
The board of trustees of the Village of Wheeling, Illinois, and the city council of the City of Prospect Heights, Illinois, recently voted to appoint Chicago Of Counsel Robert A. McKenzie as the chairman of the board of directors of the Chicago Executive Airport. The appointment was the culmination of a two year search by the village and city to fill the vacancy left the previous chair, upon his retirement from the board.
Bob will serve a four year term during which he will preside over board meetings, vote in the instance of a tie, and participate in debates and discussions. He will also serve as the official spokesperson of the board. The boards’ purpose, among other things, proposes the annual airport budget, approves certain contracts, submits grant applications, and helps develop the airport layout plan. Bob is a FAA certified flight instructor and commercial pilot.
Chicago Executive Airport is owned by both the village and the city. It serves the general and business aviation sector and is the third busiest airport in Chicagoland, after O’Hare and Midway airports. Approximately three hundred aircraft are based on the field and approximately 200,000 take-offs and landings occur annually.
Arnstein & Lehr was recently named a finalist in the Greater Miami Chamber of Commerce’s 7th Annual International Business Leadership Awards.
The firm was recognized in the “Business Excellence” category for its established track record in international business and growth of the EB-5 program. Miami Partners Ronald Fieldstone, Julian Montero and Randall Sidlosca, along with associate Jay Rosen, have been involved in over 90 EB-5 projects since 2009, including 40 projects in the past 12 months. Their projects are located in 12 states throughout the United States and involve a total asset base in the billions of dollars.
The GMCC’s International Business Leadership Awards honor small and large businesses engaged in international activities that significantly impact Florida’s economy.
The Ohio House approved House Bill 107 this week, legislation authorizing grants for businesses that employ high school students in career exploration internships. Sponsored by Representative Nan Baker (R-Westlake), grants would be equal to 50 percent of the wages paid to the student intern, up to a maximum grant of $5,000 per year.
“The intent is to bring high school students and businesses together to explore a mutual interest in career opportunities,” said Baker during committee testimony. “It encourages students to seek places of employment that match their career interest and businesses to employ high school students to allow them to explore those interests,” she added.
In a move that is sure to raise the partisan rancor in Washington even more, this week Senate Majority Leader Harry Reid invoked the so-called nuclear option eliminating the use of the filibuster on all Presidential nominees except Supreme Court nominations.
By a vote of 52-48, the Senate approved the change, which means Presidential nominees will no longer have to clear the traditional 60-vote threshold. Three Democrats voted against changing the rules — Sens. Carl Levin of Michigan, Joe Manchin of West Virginia and Mark Pryor of Arkansas.
The Bill was introduced in the Parliament on 26th June 2013 and covers the following key matters relating to marriage law:
- the introduction of same-sex marriage,
- putting belief celebrants on the same footing as religious celebrants,
- the arrangements for authorising celebrants to solemnise opposite-sex and same-sex marriage,
- civil partnerships changing to marriage,
- the authorisation of Church of Scotland deacons to solemnise opposite-sex marriage,
- allowing civil marriage ceremonies in any place agreed between the couple and the registrar, other than religious premises, and
- allowing married transgender people to obtain full gender recognition without a requirement to divorce.
The Bill also introduces the religious and belief registration of civil partnerships.
Royal Oak, Michigan, November 21, 2013: Howard & Howard Attorneys PLLC is pleased to announce that Wilton A. Hom has joined the firm. He will practice out of the firm’s Royal Oak Office.
Mr. Hom concentrates his practice in all areas of immigration law, commercial transactions, international law, and tax law.
Mr. Hom represents individuals and businesses in a wide array of immigration matters including family based immigration, employment based immigration, and business immigration including investor visas and intercompany transfers. His extensive experience includes representing clients before the United States Citizenship and Immigration Services, Immigration Court, and the Board of Immigration Appeals. More…
The Dodd-Frank Act created a comprehensive whistleblowing program by amending the Securities Exchange Act of 1934 to include Section 21F, entitled “Securities Whistleblower Incentives and Protection,” and establishing the “Office of the Whistleblower” to enforce its provisions. Individuals who voluntarily provide the SEC with original information that leads to a successful SEC enforcement action resulting in monetary sanctions greater than $1 million are entitled to an award of between 10 and 30 percent of the total sanctions collected. According to the SEC’s 2013 Annual Report to Congress on the Dodd-Frank Whistleblower Program, the incentives are working.
From a tax perspective, November has been a good month for Boeing. Lawmakers in the State of Washington have been hard at work securing the production of Boeing’s next-generation 777X airplane in the state. In effort to secure Boeing’s future production, lawmakers passed an incentive package containing nearly $9 billion in tax breaks to the aerospace industry, including extending aerospace tax breaks through 2040 that were set to expire in 2024. This deal “is notable for being the biggest package ever in history,” according to Greg LeRoy, Executive Director of Good Jobs First in a recent Washington Post article. Good Jobs First is a Washington D.C. advocacy group that tracks state subsidies provided to companies.